Unformatted text preview: payment. What is the unpaid balance of the loan at the end of the 1st year? Show the formula that you used and the values used for each variable to calculate the unpaid balance at the end of the 1st year. What is the unpaid balance at the end of the 6th year? Show the formula that you used and the values used for each variable to calculate the unpaid balance at the end of the 6th year....
View
Full Document
 Spring '05
 SMITH
 Math, Business, monthly payment, unpaid balance, small business loan

Click to edit the document details